About Us

HMDA Resource Center

Welcome to the HMDA Resource Center

The CFPB issued new instructions for financial institutions required to file the Home Mortgage Disclosure Act (HMDA) data. We created this Resource Center to help the industry understand, implement, and comply with the greatly expanded reporting requirements for covered banks, credit unions and mortgage lenders.

The expansion to HMDA is one of the most significant regulatory changes in 35 years. Institutions must prepare in the short term for the data expansion, and in the long-term for the impact of a significantly expanded data set. Here are some implementation considerations.

The expanded HMDA regulations will have a broad impact across the institution, including systems, operations, multiple lines of business, all 3 lines of defense, and identification and assessment of evolving risks. Experts from Wolters Kluwer share their ideas on how to manage the impact.